Tag: Media

MIB’s Anurag Thakur: AI plays important role in news but can’t replace news editors with experience

Thakur said, “4 lakh crore sale happened of local items. This happened after PM appealed for ‘Vocal for Local’ and he asked people to buy local products. This shows how much people consider PM.” (Image source: official website - anuragthakur.in)

Union Minister for Information and Broadcasting, Anurag Thakur, highlights the need for responsible use of AI in media on National Press Day

Will there be buyers for unsold TV ad inventory for the finals of Cricket World Cup?

The peak concurrency during the match on Disney+ Hotstar surged to 5.3 crore, shattering the previous record of 4.4 crore during the India vs South Africa match earlier this month. (Image sourced via X - @bcci)

According to industry sources, Broadcaster Disney Star has less than 5 percent of unsold TV ad inventory. However, the spike in ad rates may not attract brands.

MIB’s proposed new broadcasting regulations to include OTT and strengthen self-regulation

The committee invited three industry organizations: the Central Board of Film Certification (CBFC), the Indian Motion Picture Producers' Association (IMPPA), and the Motion Picture Association (MPA).

Set to replace the outdated Cable Television Networks (Regulation) Act of 1995, India takes a bold step into the digital age as the Ministry of Information and Broadcasting introduces the Broadcasting Services (Regulation) Bill, 2023.

MIB proposes pivotal ‘Broadcasting Services (Regulation) Bill 2023’

EBITDA stood at ₹44.3 crores boasting a 33 percent margin and demonstrating a substantial 36.4 percent YoY improvement, primarily driven by robust top-line growth. (Representative Image: Paul Einerhand via Unsplash)

The draft Bill provides for a consolidated framework to regulate the broadcasting services in the country and seeks to replace the existing Cable Television Networks (Regulation) Act, 1995 and other Policy Guidelines currently governing the broadcasting sector in the country.

Union Minister Anurag Thakur announced pivotal legislation to modernize broadcasting sector’s regulatory framework

Thakur said, “4 lakh crore sale happened of local items. This happened after PM appealed for ‘Vocal for Local’ and he asked people to buy local products. This shows how much people consider PM.” (Image source: official website - anuragthakur.in)

A National Broadcasting Policy, outlining the vision, mission, strategies, and action points, is seen as a critical step to guide the development and growth of the broadcasting sector, especially in the context of new and emerging technologies.

MIB approves path-breaking ‘Digital Advertisement Policy 2023’

The committee invited three industry organizations: the Central Board of Film Certification (CBFC), the Indian Motion Picture Producers' Association (IMPPA), and the Motion Picture Association (MPA).

The Policy will enable Central Bureau of Communication (CBC) to empanel agencies and organisations in the OTT and Video on Demand Space.

As Disney bleeds subscribers in India, Bob Iger remains optimistic but says ‘open minded’ to selling

According to a report by Bloomberg, the company is in talks with potential buyers for its India streaming and television business, including with billionaire Mukesh Ambani’s Reliance Industries Ltd. (Image source: Moneycontrol)

Disney+ Hotstar is not having a good time in India: subscriber base has seen its biggest decline since the service launched. While Disney boss Bob Iger says Disney “would like to stay”, he’s keeping an open mind where more drastic options are concerned. The ray of hope: a jump in subscribers count, and potentially, a new content partner in the world’s most populous market.

Disney+ Hotstar loses 2.8 million subscribers in fourth consecutive quarterly decline

According to a report by Bloomberg, the company is in talks with potential buyers for its India streaming and television business, including with billionaire Mukesh Ambani’s Reliance Industries Ltd. (Image source: Moneycontrol)

Disney CEO Bob Iger says they would like to stay in the India market and are considering their options, amidst deal talks over its Disney Star business.